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Southgate Shopping Center 2950 Ryan St 5,000 SF 80% Leased Retail Building Lake Charles, LA 70601 For Sale



Investment Highlights
- 5K SF Center Shadow-anchored by Dominant, Grocery-anchored Community Center.
- Below-Market Rents and Compelling Rent Growth.
- Value-Add Opportunity with Strong Placer. ai Rankings.
- Affluent/Growing Household Incomes and Dense Population.
Executive Summary
Positioned along one of Lake Charles’ highest-traffic retail corridors, Southgate II Shopping Center presents a compelling opportunity for investors seeking a stabilized retail asset in a proven market. This well-established property spans approximately 0.57 acres and offers a gross leasable area of roughly 5,000 square feet. Anchored by Market Basket, Lake Charles’ leading grocery with a dominant market share, and supported by recognized national tenants like Five Guys and Wingstop, the center delivers durable income streams and tenant diversification.
Strategically located between Interstate 10 and Interstate 210, the property ensures optimal connectivity for local and commuter traffic while leveraging Ryan Street’s retail density and robust visibility. Surrounded by residential neighborhoods and major employment hubs, Southgate II benefits from strong consumer traffic and entrenched demand drivers that underpin stable rent rolls. Ample parking coupled with clear access routes enhances the center’s operational functionality.
Strategically located between Interstate 10 and Interstate 210, the property ensures optimal connectivity for local and commuter traffic while leveraging Ryan Street’s retail density and robust visibility. Surrounded by residential neighborhoods and major employment hubs, Southgate II benefits from strong consumer traffic and entrenched demand drivers that underpin stable rent rolls. Ample parking coupled with clear access routes enhances the center’s operational functionality.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
5,000 SF
Building Class
B
Year Built
1958
Percent Leased
80%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.59 AC
Zoning
088 - Restaurant Lounge
Parking
40 Spaces (8 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 2950C
- 1,000 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 2950C | 1,000 SF | Retail | - | Now |
2950C
| Size |
| 1,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Fairly walkable
50/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 00452440 | Improvements Assessment | $59,962 CAD |
| Land Assessment | $36,276 CAD | Total Assessment | $96,238 CAD |
Property Taxes
Parcel Number
00452440
Land Assessment
$36,276 CAD
Improvements Assessment
$59,962 CAD
Total Assessment
$96,238 CAD
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Southgate Shopping Center | 2950 Ryan St
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